MARTEN TRANSPORT, LTD. (NASDAQ:MRTN) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On July 20, 2017, the company issued a press release announcing financial results for the quarter ended June 30, 2017. Attached hereto as Exhibit 99.1 is a copy of the company’s press release dated July 20, 2017 announcing the company’s financial results for this period.
The press release also includes a discussion of operating revenue, net of fuel surcharge revenue; and operating expenses as a percentage of operating revenue, with both amounts net of fuel surcharge revenue. The company provided these additional disclosures because management believes removing these items provide a more consistent basis for comparing results of operations from period to period. These financial measures in the press release have not been determined in accordance with generally accepted accounting principles (“GAAP”). to RegulationG, the company has included a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures. For the discussion of operating revenue, net of fuel surcharge revenue; and operating expenses as a percentage of operating revenue, with both amounts net of fuel surcharge revenue, the most directly comparable GAAP financial measures are operating revenue, and operating expenses divided by operating revenue, which are reconciled in the attached Exhibit 99.1.
The information contained in this report and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Section 9 – Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(a)Financial Statements of Businesses Acquired.
Not Applicable.
(b)Pro Forma Financial Information.
Not Applicable.
(c)Shell Company Transactions.
Not Applicable.
(d)Exhibits.
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Exhibit No. |
Description |
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99.1 |
Press Release dated July 20, 2017 (included herewith). |
MARTEN TRANSPORT LTD ExhibitEX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm Exhibit 99.1 MARTEN TRANSPORT ANNOUNCES SECOND QUARTER RESULTS MONDOVI,…To view the full exhibit click here
About MARTEN TRANSPORT, LTD. (NASDAQ:MRTN)
Marten Transport, Ltd. is a national protective service transportation company. It is a temperature-sensitive truckload carrier. The Company specializes in transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage. Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment provides temperature-controlled trailers, dry vans and other specialized equipment within the United States. The Intermodal segment transports its customers’ freight within the United States. The Brokerage segment arranges for smaller third-party carriers to transport freight for its customers in temperature-controlled trailers and dry vans. It operates throughout the United States and in parts of Canada and Mexico.
